Lucy Peng, one of the original 18 cofounders of Alibaba Group, is one of the wealthiest female tech founders in China. The ...
Ant, owner of the widely used digital-payment platform Alipay, saw Beijing shut down its ... among others. Before its IPO plans were derailed, the company was highly profitable, saying in a ...
However, with an IPO on the horizon (Alipay is the world’s second richest private technology company, behind Uber) prospective shareholder ambition may cause Alipay to give a second thought to ...
Alipay, operated by Ant Group ... beating Saudi Aramco’s previous record of $29.4 billion. Ahead of the IPO, the company will be valued at about $280 billion. To tap both Chinese and global ...
A Shanghai IPO hasn’t been completely ruled out yet and the company could consider a mainland offering later, the people said.